Morning Movers: Mattel Inc (MAT), Stanley Black & Decker Inc (SWK), Apple Inc (AAPL)

Описание

<p>Mattel, Inc. (NASDAQ: MAT) reported third-quarter net income rose 16 percent as the company earned $422.8 million, or $1.21 per share, compared with $365.9 million, or $1.04 per share, in the year-ago period.</p><p>Removing a tax benefit of 5 cents per share, earnings were $1.16 per share, while revenue for the company rose 6 percent to $2.21 billion.</p><p>Shares of Mattel rose 4.12 percent to $43.26 in morning trading on Wednesday.</p><p>Stanley Black & Decker, Inc. (NYSE: SWK) issued third-quarter earnings of $1.39 earnings per share, meeting the analysts’ consensus estimate. Revenue came in at $2.80 million for the quarter, compared with the consensus estimate of $2.81 million. However, the tool maker cut its outlook for the year as the company now projects full-year earnings of $4.90 to $5 per share, versus its earlier forecast of $5.40 to $5.65 per share.</p><p>Shares of Stanley Black & Decker plunged 14.04 percent to $76.46 in morning trade.</p><p>Just a day after Apple Inc. (NASDAQ: AAPL) climbed above the psychologically important $500 mark during intraday trading, Dow Jones reported the company was cutting orders for its low-cost iPhone 5C. This follows Tuesday&#39;s news that Burberry CEO Angela Ahrendts will join Apple as senior vice president of retail and online sales next year. The cut in orders raises concerns about weak demand.</p><p>Shares of Apple edged up 0.30 percent to climb above $500.25 in morning trading.</p><p>The Dow Jones industrial average rose 158.11 points, or 1.04 percent, to 15,326.12, the S&P 500 gained 17.60 points, or 1.04 percent, to 1,715.67 and the Nasdaq Composite added 37.91 points, or 1 percent, to 3,832.17.</p>